Normative Instruction BCB No. 378 — Creates and alters accounting items in the account list of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif)

This instruction creates and alters specific accounting items within the Cosif account list to adapt to amendments in Brazil's Bankruptcy Law (Law No. 14.112/2020). It establishes new account codes for recording subordinate creditors, post-liquidation interest, and other liabilities for institutions in extrajudicial liquidation, while reclassifying existing balances for labor, privileged, and tax creditors. The changes apply to accounting documents prepared from the June 2023 reporting date, with the instruction entering into force on June 1, 2023.

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PE 223325

NORMATIVE INSTRUCTION BCB NO. 378, OF MAY 9, 2023

Creates and alters accounting items in the account list of the Accounting Standard for Institutions Regulated by the Central Bank of Brazil (Cosif).

The Head of the Department of Financial System Regulation (Denor), in the exercise of the authority conferred by Article 23, item I, letter "a", of the Internal Regulations of the Central Bank of Brazil, annexed to Ordinance No. 84,287, of February 27, 2015, based on Article 12 of CMN Resolution No. 4,858, of October 23, 2020, and Article 10 of BCB Resolution No. 92, of May 6, 2021,

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This document amends: Normative Instruction BCB No. 271 — Defines the accounting items of the Mandatory Liabilities group of the account list of the Accounting Standard of Institutions Regulated by the Central Bank of Brazil (Cosif)

Source: Banco Central do Brasil — original document · Summary generated with machine assistance and reviewed before publication; the authoritative text is the regulator's original document. How RegAlert works